Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 5,006,607 shares traded hands during trading, a decline of 42% from the previous session's volume of 8,569,362 shares.The stock last traded at $3.40 and had previously closed at $3.14.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on RZLV. Northland Securities assumed coverage on Rezolve AI in a research report on Wednesday, December 18th. They issued an "outperform" rating and a $5.00 price target on the stock. Roth Capital raised shares of Rezolve AI to a "strong-buy" rating in a report on Tuesday, December 10th. Maxim Group began coverage on shares of Rezolve AI in a report on Thursday, January 16th. They set a "buy" rating and a $10.00 price target for the company. Cantor Fitzgerald started coverage on shares of Rezolve AI in a report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 price objective on the stock. Finally, Northland Capmk upgraded shares of Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 17th. Five research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Rezolve AI has an average rating of "Buy" and a consensus price target of $6.40.
View Our Latest Analysis on Rezolve AI
Rezolve AI Trading Down 0.3 %
The business's 50 day moving average price is $3.01.
Institutional Investors Weigh In On Rezolve AI
Several hedge funds and other institutional investors have recently modified their holdings of the stock. K2 Principal Fund L.P. acquired a new stake in Rezolve AI in the 3rd quarter valued at approximately $881,000. Geode Capital Management LLC acquired a new stake in Rezolve AI in the fourth quarter worth approximately $393,000. NewEdge Advisors LLC acquired a new stake in Rezolve AI in the fourth quarter worth approximately $386,000. XTX Topco Ltd bought a new position in Rezolve AI during the 4th quarter valued at $366,000. Finally, Highbridge Capital Management LLC acquired a new position in shares of Rezolve AI during the 4th quarter valued at $286,000. Institutional investors own 27.96% of the company's stock.
Rezolve AI Company Profile
(
Get Free Report)
Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.
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